Essay on Week 5 Decision Making Across the Organization

621 WordsJan 5th, 20143 Pages

Decision Making Across the Organization
ACC561

Decision Making Across the Organization
The Martinez Company has decided to introduce a new product and would like to evaluate the costs of manufacturing through capital intensive and labor intensive manufacturing methods to determine which of the two methods to employ. The values to be used in the evaluation for capital intensive manufacturing are direct materials at $5 per unit, direct labor at $6 per unit, a variable overhead of $3 per unit, and fixed manufacturing costs of $2,508,000. The values for material, labor, and overhead are summed to find the total variable cost of $14. The labor intensive values are direct materials at $5.50 per unit, direct labor at $8 per…show more content…

The equation for contribution margin ratio is Contribution Margin per Unit / Selling Price, or $12/$30, for a contribution margin ratio of 40%. The break-even point in units is calculated by dividing the fixed costs by the contribution margin per unit value, $1,538,000 / $12 = 128,167 units as the break-even point. The fixed costs divided by the contribution margin ratio, $1,538,000 / 40% = $3,845,000 break-even point in dollars.
Unit Sales Volume of Indifference
The volume of unit sales at which the Martinez Company would be indifferent between the two manufacturing methods is calculated as Sales = Variable Costs + Fixed Costs + Net Income. The value for sales is equivalent to the sales price, $30, multiplied by the number of units sold. Variable costs of $14 for capital intensive and $18 for labor intensive are also multiplied by the number of units sold. Fixed costs were provided at $2,508,000 for capital intensive and $1,538,000 for labor intensive. Net income is assumed to be $0. The equation values for 180,000 units under capital intensive manufacturing and 240,000 under labor intensive manufacturing is the volume of units for each method to equal sales of $2,880,000, the point at which the annual unit sales volume would be indifferent.
Conclusion
Evaluating the costs of manufacturing help management to make crucial decisions about methods of manufacturing that will result in

Running Head: Decision Making in a Healthcare Organization 1
Decision Making in a Healthcare Organization
Xavier Hunt
MHA 601: Principles of Healthcare Administration
Professor Jack Lazzare
December 19, 2011
DECISION MAKING IN HEALTHCARE ORGANIZATION 2
In the health care profession a CEO will be asked to make a lot of difficult decisions. The CEO will not only have to…

An organization continually makes decisions at all levels. Until the past decade, most organizations and their managers and employees operated in an information and knowledge fog, making decisions based on best guesses about the past and present, and making expensive errors in the process. Many have failed throughout the course trying to improve the decision making process, there are many ways that contribute to the failure. Organizations can easily miss the market, by not having the right intelligence…

Decision Making Across the Organization
ACC561
Decision Making Across the Organization
The Martinez Company has decided to introduce a new product and would like to evaluate the costs of manufacturing through capital intensive and labor intensive manufacturing methods to determine which of the two methods to employ. The values to be used in the evaluation for capital intensive manufacturing are direct materials at $5 per unit, direct labor at $6 per unit, a variable overhead of…

Decision Making Based on Mission and Vision of an Organization
In the course text, read the case study at the bottom of page 230. Write a 3-5 page paper on what could be a mission or vision of the Community Medical Center that would guide the president in his decision about the case of an operating room nurse who may have HIV/AIDS. What could be the decision and how will the decision be communicated to the physicians, employees, to the board, and the public.
The thought of a healthcare worker…

Flows
Good internal communications are an essential ingredient of business success. Mostly, organization that might be very good about communicating with suppliers and customers often fails to give their internal communications the same degree of attention. This would be the same scenario for Longs Drugstore.
Information should flow
 Between people who are coordinating projects within the organization (for instance, marketing)
 Top Management to ensure the success of the business
 From those…

statements paint a picture of financial health of an organization. Important aspects of the financial statement of a health care organization are ratios. Analysis of ratios show how two numbers relate or compare to one another. Ratios are a way for organizations to make comparison. These comparisons not only encompass what is happening presently but can also be used to make comparisons about numbers and ratios over time. Ratios are a way for organizations to compare themselves with competitors and the…

Assessing Technology-Related Decisions Making In Organizations:
Staying Competitive In the Turbulent Enterprise Software Industry
Introduction
The greater the risk, uncertainty and disruptive innovations in a given industry, the more critically important it is for governance frameworks to guide Information Technology (IT) investments and initiatives. Governance transcends the tactical and brings the strategic IT requirements to a high priority in any organizational structure, concentrating on…

Decision Making in Health Care Organizations
Challenges That Health Care Leaders Are Faced With In Terms Of Decision Making Within the Team Environment
Student Name
Professor Name
Program Name
Table of Contents
Decision Making in Health Care Organization 1
Abstract 4
Introduction 5
What is a Decision? 5
Variations in Decision Making Process 5
The Challenge of Team Decisions 6
Making High Quality Decisions 6
Health Care Leaders and Decision Making 7
Problems of Health Care…

leader? It depends. Most organizations look for individuals that have something to offer when they look at credentials or a great interview but looks can be deceiving does a good manager necessarily mean that a good leader I do not think so. An ethical dilemma is when an incident that makes you to ask yourself how do I handle this situation based on your beliefs and deciding how to choose between right and wrong.
Whenever I’ am uncertain of how to make a final decision I will always try to go…

QNT 275 WEEK 3 BUSINESS DECISION MAKING PROJECT PART 2
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QNT 275 WEEK 3 BUSINESS DECISION MAKING PROJECT PART 2
QNT 275 Week 3 Business Decision Making Project, Part 2
Based on your Week 3 collaborative learning team discussion, submit, individually, a 350- to 700-word summary of the work completed by your team.
Format…